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COUNCI:L COMMUNICATION <br />TO: MAYOR AND COUNCIL <br />FROM: WILLIAM A. SIl1/IMONS <br />CITY MANAGER <br />DATE: October 25, 2005 <br />SUBJECT: City Council Special Meeting -Final Budget Changes <br />ORIGINATING DEPARTMENT: Finance <br />SUMMARY: <br />On October 18, 2005 the Finance Director presented the 2006 Proposed Annual Operating & Capital <br />Budget at a scheduled Public Hearing. No public comments were made at this meeting. The proposed <br />budget can be located on-line at the City's website, in hard copy at the Library and in the City Clerk's <br />office. <br />Below is the latest list of changes agreed to by City Council at the October 18th regular meeting. These <br />changes will be incorporated into the proposed 2006 Budget and presented at the November 1, 2005 <br />City Council meeting along with a resolution adopting the budget and a resolution appropriating sums of <br />money. The changes are as follows: <br />Included in the charges for servicf;s in the General Fund were $15,000 in revenues and $15,000 <br />in related expenses in the Recreati.on/Senior Center for marketing expenses. Revenues were <br />added because it is expected that this addition marketing effort will generate enough revenues to <br />cover the expenditure. <br />• Boulder County Youth Corp expenses of $21,000 previously in the General Fund were added to <br />the Conservation Trust -Land Acquisition Fund as operating expenses. <br />A full-time FTE was added to the Conservation Trust -Land Acquisition Fund for a <br />Horticultural Technician to work on all aspects of park and open space maintenance with a main <br />focus in the horticulture area. Thf;se expenses are included as operating expenses in that fund. <br />These changes have been incorporated into the detail of the 2006 Proposed Annual Operating & <br />Capital Budget and are summarized in attached document. Staff will be updating the 2005 forecast <br />in all funds to incorporate the September 30, 2005 actual results by the November 1, 2005 meeting. <br />However, unless directed by City Council, these will be the final changes to the 2006 budgets. <br />SUBJECT <br />City Council Special Meeting-Final Budget Changes <br />L <br />